Tag Archive: optimum currency area

Robert Mundell: Why Libertarians Must Love the Euro



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Ways to the Northern Euro

EU Labour costs 2011
Two ways for building the Northern euro, exit of Southern members or slow creation of Northern euro with currency interventions of central banks.

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Who Says No to Austerity and Global Imbalances, Must Say Yes to the Northern Euro

Eventually the euro will be abolished, a Northern Euro introduced: politicians and their economic advisors might just be waiting for a calm moment, especially with upcoming German inflation.

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About the Impossibilities of the Common-Currency-Recession-Austerity Cycle

2012-12-18

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2012-12-18

charles wyplosz
Charles Wyplosz, Professor of International Economics, Graduate Institute, Geneva repeats our arguments in "Who says No to Austerity, Says Yes to the Northern Euro" about the impossibility of getting out of the common currency - recession - austerity - cycle.  Similar as we do, he proposes a public...

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Robert Mundell: Why Libertarians Must Love the Euro

2012-12-10

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2012-12-10

portrait5
The idea that the euro has "failed" is dangerously naive. The euro is doing exactly what its progenitor planned for it to do. According to Robert Mundell, the creator of the Optimum Currency Zone concept, the euro would really do its work when crises hit. Removing Keynesian monetary and fiscal juice to pull a nation out of recession. More about this evil genius on

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